APPOINTMENT LETTER

September 20th, 2012

Name
Jaswinder Pal Singh
S/O Late S. Harbans Singh
Street No 15 , Guru Teg Bahadur Nagar,
Bathinda 151 001

Appointment

Dear Jaswinder,

We have pleasure in appointing you as (Manager Sales & Marketing) in our organization,
effective (20.09.2012) on the following terms and conditions:

1. Placement & Compensation

You will be placed in the appropriate band / responsibility level of the Company, and will be
entitled to compensation (salary and other applicable benefits) as detailed in Annexure A.
Compensation will be governed by the rules of the Company on the subject, as applicable
and/or amended hereafter.

2. Salary revision
Your salary will be reviewed on April 1st of each year, or at such other time as the
Management may decide. Salary revisions are discretionary and will be subject to, and on the
basis of, effective performance and results.

3. Posting & Transfer

Your initial posting will be at Bathinda. However, your services are liable to be transferred,
at the sole discretion of Management, in such other capacity as the company may determine,
to any department / section, location, associate, sister concern or subsidiary, at any place in
India or abroad, whether existing today or which may come up in future. In such a case, you
will be governed by the terms and conditions of the service applicable at the new placement
location.

4. Probation:
That you will be on probation for a period of ___ months. The period of probation can be
extended at the discretion of the Management and you will continue to be on probation till an
order of confirmation has been issued in writing.

5. Full time employment

Your position is a whole time employment with the Company and you shall devote yourself
exclusively to the business and interests of the company. You will not take up any other work
for remuneration (part time or otherwise) or work in an advisory capacity, or be interested
directly or indirectly (except as shareholder / debenture holder), in any other trade or business
during your employment with the company, without permission in writing of the Board of
Directors of the Company. You will also not seek membership of any local or public bodies
without first obtaining specific permission from the Management.
6. Confidentiality

You will not, at any time, during the employment or after, without the consent of the Board of
Directors disclose or divulge or make public, except on legal obligations, any information
regarding the Companys affairs or administration or research carried out, whether the same
is confided to you or becomes known to you in the course of your service or otherwise.

7. Intellectual Property
If you conceive any new or advanced method of improving designs/ processes/ formulae/
systems, etc. in relation to the business/ operations of the Company, such developments will
be fully communicated to the company and will be, and remain, the sole right/ property of the
Company.

8. Responsibilities & Duties

Your work in the organization will be subject to the rules and regulations of the organization
as laid down in relation to conduct, discipline and other matters. You will always be alive to
responsibilities and duties attached to your office and conduct yourself accordingly. You must
effectively perform to ensure results.

9. Past Records
If any declaration given, or information furnished by you, to the company proves to be false,
or if you are found to have willfully suppressed any material information, in such cases, you
will be liable to removal from services without any notice.

10. Retirement
The retirement age is 58 years. You will retire from the employment of the Company at the
end of the month in which you attain 58 years of age.

11. Termination of employment

During the probationary period and any extension thereof, your services may be terminated
on either side by giving one months notice or salary in lieu thereof. However, on
confirmation the services can be terminated from either side by giving one months (30 days)
notice or salary in lieu thereof.

Upon termination of employment, you will immediately hand over to the Company all
correspondence, specifications, formulae, books, documents, market data, cost data,
drawings, affects or records belonging to the Company or relating to its business and shall not
retain or make copies of these items. Upon termination of employment, you will also return
all company property, which may be in your possession.

12. Medical Fitness

This appointment is subject to your being, and remaining, medically fit.

Please confirm your acceptance of the appointment on the above terms and conditions by signing
and returning this letter for our records.

Yours faithfully,
For Kanhiya Dhaliwal Developers

Partner

I have read the terms and conditions of this letter of appointment and confirm my acceptance of
the same.

(Signature and Date)

ANNEXURE A : COMPENSATION DETAILS (Salary & applicable benefits)

Name : Jaswinder Pal Singh

Designation : Manager Sales & Marketing
Date of joining : September 20th, 2012
Location : Bathinda

a) Remuneration

Basic Salary : Rs.35000/- per month

House Rent Allowance : Rs. /- per month
Mobile Allowance : Rs. /- per month
Conveyance Allowance : Rs.5000/- per month
Medical reimbursement Limit : Rs. /- per annum

b) Retrials

i. You will participate in the Company Provident Fund Scheme as applicable to your
category of employees.

ii. You will be entitled to gratuity in accordance with the rules governing such payment.

iii. Group Insurance scheme by firm will cover your medical reimbursements

c) Leave

i) You will be entitled to privilege, 15 days sick and 7 days casual leave as applicable to
your category of employees.
ii) You will be entitled to avail (four) earned leave every month. Leave accumulated will be
encased every fiscal year ending.

Yours faithfully,
For Kanhiya Dhaliwal Developers

Partner

I have read the terms and conditions of this letter of appointment and confirm my acceptance of
the same.

(Signature and Date)

September 20th, 2012

Name
Jaswinder Pal Singh
S/O Late S. Harbans Singh
Street No 15 , Guru Teg Bahadur Nagar,
Bathinda 151 001

Dear Jaswinder,

Re: Letter of Appointment

Further to our discussions, we have pleasure in giving you this letter of

appointment, setting out the details of your employment with our life
insurance company. You are being appointed to the position of Manager Sales
& Marketing This appointment takes effect from your date of joining which
shall not be later than xxxxxxxxxxxxxx

Your Cost to the Company (CTC) is Rs. _____________________ p.a. This

includes Provident Fund, Gratuity, Superannuation, Medical etc. These
allowances, benefits and other terms and conditions of your employment will
be as per Company policies as applicable from time to time. An extract of the
HR policies is attached.

Your compensation will be reviewed in future as per Company policy. You will
be initially placed at Chennai but your services are transferable to any other
offices of the Company, at the discretion of the company.

On joining the company you shall be on probation for six months. During probation, the

period of notice required for resignation is 24 hours on either side. Further, unless

otherwise communicated to you in writing, your services shall stand confirmed at the end

of the period of probation.

You will abide by the rules and regulations of the Company as may be in force
from time to time.

Your appointment is subject to satisfactory reference checks and clearance

from any secrecy / service agreements that you may have executed, which
could have a bearing on your working with us.

You are required to sign and submit a copy of this letter of appointment as a
token of your acceptance of our terms and conditions, along with the following
documents within 7 days from the date of this letter, failing which this letter
of appointment will be treated as withdrawn.
 Proof of age;
Proof of educational qualification;
Proof of work experience Service certificate / appointment letter;
Copy of last drawn pay slip;
Proof of incentives drawn ( if any );
2 stamp size and 2 passport size photographs;
Medical examination report Refer Annexure

Your appointment is subject to your being found medically fit for employment.

The relieving / resignation acceptance letter from your previous organization

has to be submitted on your joining the company. Any extension of the same
will require a formal approval from your reporting authority which in case
should happen before disbursement of your first monthly salary.

This letter of appointment is based on the information furnished in your

application for employment and during the interviews you had with us. If, at
any time in future, it comes to light that any of this information is incorrect or
any relevant information has been withheld, then your employment is liable to
be terminated without notice.

All matters pertaining to your appointment and compensation are strictly

confidential and it should be treated as such. Any tax liability arising out of
your compensation should be borne by you and it will be as per Income Tax
rules.

We welcome you to our organisation and look forward to your contribution to

the growth of the organisation and yourself.

Yours faithfully,
For xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxx

Encl:
Compensation details
An extract of HR policies

3.

LETTER OF EMPLOYMENT
Dear Mr./Ms

With reference to your application for employment and subsequent interface you had
with us, we are pleases to appoint you ason the following terms
and conditions, recorded below for your consideration and acceptance. Your date of
joining has been recorded as .

1. You shall be entitled to a salary of Rs. ()

per annum as CTC (cost to the company) and shall be subject to deduction as per
statutory laws.

2. You shall be on probation for a period of six months from the date of joining and
the said period may, at the discretion of the management. Be extended from the
management or as per the provision of Service Rules or a completion of one year
of continuous service. During the period of probation, your performance
will be evaluated on regular basis and if the same is not expected standard, your
appointment is liable to be terminated without any notice and without assigning any
various interest.

3. The company expects you to work in the Department, in which you are placed
with high standard of efficiency and economy.

4. Your employment in your company will be subject to your found and remaining
physically and mentally fit and alert to perform your duties. Your services will be
liable to be terminated on being found physically and mentally unfit by RMP
nominated by the company at any time.

5. The company may transfer you for work from one place of duty or section/
department/ division to other place of duty or section/ department/ division in the
establishment. You will also liable to be transferred to our other establishment,
plants, associated companies, branch offices, head offices in India or abroad
which may be acquired in future at the sole discretion of the management. On
transfer from one place to other, your salary will not be adversely affected but all
other terms and conditions shall remain the same.

6. This letter of appointment is being issued on the understanding that there is nothing
in your past record which should have presented in the company to offer you an
employment. If it is found that your past record is objectionable and if any
declaration given by you proves to be false and you have suppressed any material
information, in such case, the appointment itself shall be deemed to be irregular
and your services will be liable to immediate termination without any notice or
compensation in lieu thereof.

7. You will be in the exclusive employment of this organization and will not engage
yourself either alone or in company, in any work, profession or employment either
honorary and otherwise during the period of employment with us.

8. Your services shall be governed by the Rules & Regulations of the company,
implied or notified and also any instruction that may be notified from time to
time. In case of any dispute, the court of Delhi/New Delhi shall have the execute
jurisdiction.
9. You will not in any manner whatsoever, any secret correspondence, agreement
and any such information pertaining to our organization, which you may acquire
concerning the company business to other person/firm or organization.

10. You will be entitled to leave and holidays as per the leave of the company.

11. Your absence for a period of 10 days (including absence, which leave though
applied for, is not granted and when you overstay for more than 10 days) would
entail automatic loss of your lieu on job without any notice and information by
the management.

12. In general, the employment may be terminated by either of the parties at any time
by giving to the other, one month notice or one month gross salary in lieu of
notice. Notwithstanding the above condition, the contract of service may also be
terminated because of under mentioned stipulations. This will be without payment
of any compensation.

(a) If you fail, refuse or neglect to carry out and perform your duties assigned to
you by the company. .

(b) For loss of confidence in you by the company for any of the act committed by
you.

(c) If you are found to be guilty of fraud, insubordination or misconduct whether

in course of performance of duties entrusted to you or otherwise.

(d) If you are found unfit for being entrusted with the responsible work
commensurate with your position in consequences of any misconduct, moral
turpitude.

(e) If you commit any act prejudicial to the continuing good relationship between
you and the company.

(f) If you become physically in capacitated for the performance of your duties.

(g) If you commit breach of any of the terms of this letter of appointment.

13. No authority is vested upon you both to make any financial commitment and
enter into agreements/contracts/understandings of any nature with any second
party and third party without seeking the prior permission/approval of the
management. Any violation to exceed your specified authority as mentioned will
be seriously viewed and disciplinary/appropriate legal action will be taken.

14. You will retire from the services of he company on attaining the age of 58 yrs
which is the age of superannuation as far as your services is concerned.

This letter is in duplicate. Kindly return the duplicate copy thereof duly signed by
you as confirmation of your having accepted the terms & conditions contained
therein.
 We welcome you in Central Park Estates Pvt. Ltd. and look forward for a long
term association.

For ------------------------.

S------------------
Manager HR

Acceptance

I have read and understood the terms and conditions mentioned in this letter of
appointment and I hereby confirm unconditional acceptance of the same

Full Name .

Signature ...